Team APSOLUTE
Team APSOLUTE
Team APSOLUTE
LUTE
HRP Framework for Industry 4.0
Pratikshya Sahoo
Sahil Kumar
Arnav Das
AGENDA
01 Assessment
of Needs
06 Exit Management
02 Recruitment and
Selection
07 Employee
Engagement
03 Performance
Management
08 AMO
04 Training & FINAL SETTLEMENT
DevelopmentCalculation of balances
09 Challenges
Compensation
05 Predictive Attrition Pro-
System
gram (IBM)
Assessing the needs of Spica
DESIGNATIONS
Junior Senior Tester Executive Manager
developer Developer
Focused on futuristic technologies
- - - 2 1
Client Management
Our offerings
• Semantic Analytic Tools 10 5 8 - 2
DEPARTMENTS
Product
• Chatbots
Development
• AI-based gamification
• Exit Analytics - - - 3 -
• Technical Support
Human Capital
Management System
- - - 1 1
HR
- - - 5 1
Use predictive analytics to Use analytics to determine Deploy AI chatbots to Use AI applications to
determine the number of where and how to look speed up the resume conduct video interviews.
candidates required for each for candidates. screening and decrease Ex: HireVue
role. error rate. Use simulation games for
DYNAMIC SYSTEM
03 Real-time view of Employee costs
Real-time view of Employee benefits and rewards
REDUCED DEPENDENCY
04 Infrastructure and applications support from IT – Hu-
man Capital Management (HCM) systems
JOB EVALUATION
05 Optimum Pay and Reward mix
Calculation of optimum CTCs for each job
Finding overpaid and underpaid jobs
EXIT MANAGEMENT
01 EXIT PROCESS
Automated workflow, Transparent, Efficient
02 EXIT ANALYTICS
Causes of attrition, employee retention, job satisfaction
03 FINAL SETTLEMENT
Calculation of balances
04 PREDICTIVE PROGRAMS
Predictive Attrition Program (IBM)
Employee Engagement
Robust R&S Process Enhanced PMS Better T&D System Improved information access
Decreased error rate in Real-time tracking of KPIs Easier identification of improve- = Empowered Employees
screening Increased transparency in ment areas
Improved accuracy in as- performance review & ap- Customized training program Great employee experience
sessment of competen- praisal process. Frequent feedback enabled by even in Hybrid
cies Optimum pay & reward mix IOT = Engaged Employees
Remote learning opportunities
Challenges
Contingency Measures
• Maintenance of
access log
• Data encryption
• Dynamic Access Keys
• Deploying human touch-
points at critical areas
Thank you